INTRODUCTION

  2. Introduction

Charting a course to carbon neutrality

Our commitment to climate change reached an important milestone in CY22 as the SBTi validated our CY30 climate targets.

Clear climate strategy for reducing greenhouse gas (GHG) emissions

Validation from SBTi means that our targets and measures follow the latest climate science. We align with the targets set out in the Paris Agreement and support the overarching goal of limiting global warming to 1.5°C above pre-industrial levels. This is a major step towards our goals of reducing emissions and tackling climate change. We are dedicated to continuing our efforts towards a greener and more sustainable future.

Schaeffler India’s 2030 sustainability targets

Climate-neutral production

90%*

Scope 1 and 2 emissions

25%*

Scope 3 upstream emissions

*Absolute reduction with CY19 as the base year

Tracking our progress in India

CO2 emissions (in ‘000 tonnes)


Limiting climate warming is an urgent global challenge that can only be accomplished by working together. We take a science-based approach to our climate targets and are proud to be recognised by the Science-Based Targets initiative (SBTi). In pursuing our Roadmap 2025 and our ambitious targets, we take a path that, although challenging, is nevertheless absolutely vital.”


Klaus Rosenfeld
CEO, Schaeffler Group